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时间:2019-11-21
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1、Microeconomics,4e(Perloff)Chapter4ConsumerChoice4.1Preferences1)AnindifferencecurverepresentsbundlesofgoodsthataconsumerA)viewsasequallydesirable・B)ranksfrommostpreferredtoleastpreferred・C)referstoanyotherbundleofgoods.D)Alloftheabove.Answer:ATopic:Prefe
2、rences2)TheassumptionofcompletenessmeansthatA)theconsumercanrankallpossibleconsumptionbundles・B)moreofagoodisalwaysbetter.C)theconsumerscanrankallaffordableconsumptionbundles・D)allpreferencesconditionsaremet.Answer:ATopic:Preferences3)IfaconsumerprefersA
3、pplestoBananasandprefersBananastoCitrusFruit,inordertosatisfyassumptionsaboutpreferencesshehastopreferA)BananastoApples・B)CitrusFruittoBananas・C)ApplestoCitrusFruit・D)CitrusFruittoApples.Answer:CTopic:Preferences4)TheprinciplethatnMorcisbcttcrMresultsini
4、ndifferencecurvesA)slopingdown.B)notintersecting・C)reflectinggreaterpreferencesthefurthertheyarefromtheorigin.D)Alloftheabove.Answer:DTopic:Preferences5)ThereisanindifferencecurvethrougheverybundlebecauseoftheassumptionofA)transitivity.B)completeness・C)r
5、ationality.D)nonsatiation・Answer:BTopic:Preferences6)IndifferencecurvesaredownwardslopingbecauseoftheassumptionofA)completeness・B)transitivity.C)moreisbetter.D)Alloftheabove.Answer:CTopic:Preferences1)Iftwoindifferencecurvesweretointersectatapoint,thiswo
6、uldviolatetheassumptionofA)transitivity.B)completeness・C)BothAandBabove.D)Noneoftheabove.Answer:ATopic:Preferences2)IndifferencecurvesthatarethickviolateA)theassumptionoftransitivity.B)theassumptionthatmoreisbetter.C)theassumptionofcompleteness・D)noneoft
7、heassumptions・Answer:BTopic:Preferences3)Aconsumer'swillingnesstotradeonegoodforanothercanbeexpressedbytheconsumer'sA)indifferencecurve・B)marginalrateofsubstitution.C)BothAandBabove.D)Noneoftheabove.Answer:CTopic:Preferences4)Convexityofindifferencecurve
8、simpliesthatconsumersarewillingtoA)giveupmore,,yntogetanextranxuthemoreMxHtheyhave・B)giveupmore,ryntogetanextraHxMtheless'rxntheyhave.C)settleforlessofboth"x"and"y".D)acquiremoreHxnonlyiftheydonothavetogiveupanyHyn.Answer:
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